TrueConnect is a financial wellness voluntary benefit that is free for employers to offer and requires very little administration. TrueConnect offers employees safe, simple and affordable loans that does not use a credit score in the loan application process.
With TrueConnect's patented program, employees have an easy way to borrow money and a responsible plan to pay it back. Depending on the loan amount employees are looking for, they can privately apply for a personal loan online with either the no credit check or the credit check program with loan sizes from $1,000-$100,000. Funds will be directly deposited to a bank account within no more than 24 hours once approved.
Borrowers also receive 6 free financial counseling sessions, and all repayments are reported to three credit bureaus so borrowers with on-time payments may be able to build up their credit scores.
When employees suffer a financial crisis, we help employers save the day. Our No Credit Check program offers the same APR to all employees and approves all applications as long as they meet our standard employee guideline and eligibility requirements. Financial stress is a leading factor in... Read More
When employees have great credit and have worked hard to build a stable financial history, they deserve to be rewarded. With TrueConnect, employees can reward themselves with easy to access loans at the lowest rate guaranteed. When you reward your employees who have great credit, you increase... Read More
Employers are becoming more aware of the financial struggles their employees are experiencing. Roughly 25 million employees a year use payday and car title loans, paying triple-digit interest rates. One of the biggest reasons people are willing to pay such exorbitant rates for a loan is that... Read more
The average unplanned expense is around $3,500. And, 71% of Americans in 2019 said they experienced a financial shock of $1,000 or greater. Earned income advances can be beneficial for your employees in some cases, but they don't solve for the unexpected expenses that more than two-thirds of the... Read more
It's no surprise that employees want Financial Freedom: The status of having enough income to pay living expenses for the rest of their lives without having to be employed or dependent on others. But, we also know that financial freedom requires hard work in the office, day-in and day-out to... Read more
